KPI Green Energy Limited has informed the Exchange about Transcript
KPIGREEN · price
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KPI Green Energy reported a strong Q1 FY26 with revenue of Rs. 614 crores, up 75% year-on-year, marking its fifth consecutive quarter of record revenue. Profit after tax rose 68% to Rs. 111 crores, with EPS at Rs. 5.28 and cash profit of Rs. 163 crores (up 92% YoY). The company has Rs. 5,000 crores of IPP projects under execution (250 MW solar, 370 MW hybrid, 150 MW wind) backed by 25-year PPAs with GUVNL, targeted for phased completion by September 2026. Total portfolio stands at 4 GW, with orders in hand exceeding 3 GW. Management reaffirmed its 50-70% topline growth guidance and aims to grow IPP share from 12-13% currently to 25% under its 10 GW portfolio target. A BESS-focused subsidiary, Sun Drops Energia, is being prepared for listing.
Strong quarterly results and reaffirmed growth guidance are positive for shareholder sentiment. Visible multi-year revenue from long-term PPAs, an expanding IPP mix that boosts margins, and a healthy order pipeline of Rs. 8,000-9,000 crores support the growth story. SBI's expected release of pledged promoter shares could also ease overhang concerns.